Caterpillar Inc (CAT) Debt to Equity (2009 - 2026)
Caterpillar (CAT) posted quarterly Debt to Equity of $1.07 for Q1 2026, up 12.44% year-over-year from $0.95 in Q1 2025, and up 113.35% on a QoQ basis from $0.5 in Q4 2025.
Caterpillar Inc (CAT) Debt to Equity (2009 - 2026) Analysis & Trends
Caterpillar (CAT) has reported Debt to Equity for 18 consecutive years, with $1.07 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt to Equity rose 12.44% year-over-year to $1.07; the TTM figure through Mar 2026 stood at $1.07 (up 12.44% YoY), while the FY2025 annual figure was $0.5, down 69.14% from the prior year.
- Debt to Equity came in at $1.07 for Q1 2026 at Caterpillar, up from $0.5 in the prior quarter.
- The five-year high for Debt to Equity was $1.99 in Q4 2022, with the low at $0.5 in Q4 2025.
- Average Debt to Equity over 5 years is $1.02, with a median of $0.95 recorded in 2025.
- Across the five-year window, Debt to Equity surged 70.67% in 2024 and plunged 69.14% in 2025, its largest moves.
- Year by year, Debt to Equity stood at $1.99 in 2022, then dropped by 25.1% to $1.49 in 2023, then grew by 9.08% to $1.63 in 2024, then slumped by 69.14% to $0.5 in 2025, then soared by 113.35% to $1.07 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $1.07, $0.5, and $0.83 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.07 |
| Dec 31, 2025 | 0.50 |
| Sep 30, 2025 | 0.83 |
| Jun 30, 2025 | 1.01 |
| Mar 31, 2025 | 0.95 |
| Dec 31, 2024 | 1.63 |
| Sep 30, 2024 | 0.64 |
| Jun 30, 2024 | 0.90 |
| Mar 31, 2024 | 1.40 |
| Dec 31, 2023 | 1.49 |
| Sep 30, 2023 | 0.78 |
| Jun 30, 2023 | 0.52 |
| Mar 31, 2023 | 0.85 |
| Dec 31, 2022 | 1.99 |
| Sep 30, 2022 | 0.61 |
| Jun 30, 2022 | 1.06 |
| Mar 31, 2022 | 1.18 |
| Dec 31, 2021 | 1.90 |
| Sep 30, 2021 | 0.78 |
| Jun 30, 2021 | 1.18 |